Main International ETF (BATS:INTL) Given New $66.00 Price Target at Tigress Financial

Main International ETF (BATS:INTL) had its target price raised by Tigress Financial from $52.00 to $66.00 in a research report report published on Wednesday morning,Benzinga reports. Tigress Financial currently has a buy rating on the stock.

Main International ETF Trading Up 35.1%

BATS:INTL opened at $29.69 on Wednesday. The company has a 50-day moving average price of $28.34 and a 200-day moving average price of $27.60. The stock has a market cap of $153.20 million, a price-to-earnings ratio of 16.04 and a beta of 0.80. Main International ETF has a 12 month low of $20.42 and a 12 month high of $26.58.

Main International ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Tuesday, December 23rd were given a $0.7176 dividend. This represents a yield of 515.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Hedge Funds Weigh In On Main International ETF

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC grew its holdings in shares of Main International ETF (BATS:INTL) by 0.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,633,161 shares of the company’s stock after acquiring an additional 12,549 shares during the period. Main International ETF comprises approximately 7.4% of Main Management LLC’s holdings, making the stock its 4th largest position. Main Management LLC owned about 70.41% of Main International ETF worth $93,659,000 as of its most recent SEC filing.

Main International ETF Company Profile

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.